22
May 2024
Past Event
Can the US Rein in Chronic Federal Deficit Spending?

Event will also air live on this page.

 

Inquiries: [email protected]

Can the US Rein in Chronic Federal Deficit Spending?

Past Event
Hudson Institute
May 22, 2024
(Photo by Cris Faga/NurPhoto via Getty Images)
Caption
(Photo by Cris Faga/NurPhoto via Getty Images)
22
May 2024
Past Event

Event will also air live on this page.

 

Inquiries: [email protected]

Speakers:
President, American Action Forum and Former Director, Congressional Budget Office
Douglas Holtz-Eakin

President, American Action Forum and Former Director, Congressional Budget Office

William Beach, Senior Fellow in Economics, Economic Policy Innovation Center, Coolidge Presidential Foundation and Former Chief Economist, US Senate Committee on the Budget
William Beach

Senior Fellow, Coolidge Presidential Foundation, Former Chief Economist, US Senate Committee on the Budget, and Former Commissioner of the US Bureau of Labor Statistics

thomas_duesterberg
Thomas J. Duesterberg

Senior Fellow

Listen to Event Audio

The United States’ total debt has ballooned to over $34 trillion. Economists Kenneth Rogoff and Carmen Reinhardt consider this level of debt relative to gross domestic product a sign of major economic trouble (see figure 1). But Washington shows little appetite for addressing the problem as policymakers approve budgets with annual deficits of 25 percent or more. Defense spending and other needed investments are severely constrained while interest on the debt now approaches $1 trillion per year. Inflation is supercharged, and chronic overspending challenges productivity and America’s sovereign credit ratings.

Join Hudson Senior Fellow Thomas Duesterberg for a discussion with Dr. Douglas Holtz-Eakin and Dr. William Beach to explore ways to halt the destructive budget cycle.

Figure 1

(see figure 1)

Related Events
13
November 2024
In-Person Event | Hudson Institute
Addressing Threats to Digital Rights in Hong Kong
Featured Speakers:
Olivia Enos
Ambassador Derek Mitchell
Anouk Wear
Yaqiu Wang
Joey Siu
An electronics shop employee in Hong Kong on October 18, 2017, looks at television sets showing a news report on China's President Xi Jinping's speech at the opening session of the Chinese Communist Party's five-yearly Congress. (Anthony Wallace/AFP via Getty Images)
13
November 2024
In-Person Event | Hudson Institute
Addressing Threats to Digital Rights in Hong Kong

Join Hudson for an expert panel event that will discuss Hong Kong Watch’s latest report, Invisible Decline: Violations of Digital Rights in Hong Kong and Their Impact.

An electronics shop employee in Hong Kong on October 18, 2017, looks at television sets showing a news report on China's President Xi Jinping's speech at the opening session of the Chinese Communist Party's five-yearly Congress. (Anthony Wallace/AFP via Getty Images)
Featured Speakers:
Olivia Enos
Ambassador Derek Mitchell
Anouk Wear
Yaqiu Wang
Joey Siu
13
November 2024
In-Person Event | Hudson Institute
Competing with China on Critical Minerals
Featured Speakers:
Mike Gallagher
James Litinsky
An aerial view of the Mountain Pass mining facility in California. (MP Materials)
13
November 2024
In-Person Event | Hudson Institute
Competing with China on Critical Minerals

Hudson’s Mike Gallagher will host James Litinsky, chairman and CEO of MP Materials, to discuss the role of these vital resources in PRC-US competition and what Washington can do to emerge victorious.

An aerial view of the Mountain Pass mining facility in California. (MP Materials)
Featured Speakers:
Mike Gallagher
James Litinsky
14
November 2024
Virtual Event | Online Only
100 Days of the Kursk Operation: What the US Can Do to Help Ukraine
Featured Speakers:
Can Kasapoğlu
Luke Coffey
Glib Voloskyi
Moderator:
Peter Rough
Ukrainian tank driving on September 16, 2024, in Kursk Region, Russia. (Oleg Palchyk via Getty Images)
14
November 2024
Virtual Event | Online Only
100 Days of the Kursk Operation: What the US Can Do to Help Ukraine

A distinguished panel of experts will assess the first 100 days of the Kursk operation and what to expect from the next US presidential administration.

Ukrainian tank driving on September 16, 2024, in Kursk Region, Russia. (Oleg Palchyk via Getty Images)
Featured Speakers:
Can Kasapoğlu
Luke Coffey
Glib Voloskyi
Moderator:
Peter Rough
12
November 2024
Past Event
The Myth of American Inequality
Featured Speakers:
John P. Walters
Senator Phil Gramm
US flags fly in front of the White House on October 3, 2024. (Valerie Plesch/picture alliance via Getty Images)
12
November 2024
Past Event
The Myth of American Inequality

At Hudson, Senator Gramm and Hudson President and CEO John P. Walters will discuss how economic statistics suggest cohesion rather than divergence among Americans, and why this cohesion is likely to continue.

US flags fly in front of the White House on October 3, 2024. (Valerie Plesch/picture alliance via Getty Images)
Featured Speakers:
John P. Walters
Senator Phil Gramm